Instead, we have a crisis of insolvency, first among certain profligate governments and second among banks.
Even where troubled euro-zone countries had not been profligate, they have been running unsustainable current-account deficits.
Now, the trial will serve as a further lesson in financial responsibility to profligate royals.
"I get it, " he said, declaring that the days of profligate CEOs are over.
Also, perhaps more importantly, will consumers return to their profligate, credit card spending ways?
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Moreover, once in the euro, many nations became profligate as they gorged on cheap euro-denominated credit.
Chasing awards is a profligate use of client money and a detriment to their business requirements.
That makes it increasingly difficult to argue that any talk of tax-cuts is insanely profligate.
Profligate governments, for instance, cannot use the central bank's printing presses to fund large deficits.
Despite the perception of big business being environmentally profligate, the opposite is increasingly true.
He noted that his own country, the normally profligate Belgium, managed it when the European Union insisted.
Neither is very keen to be seen as signing away more money to support the profligate periphery.
Unless and until we get serious about our profligate spending, then our innovation economy will continue to suffer.
Crudele does not explain how essentially taxing the prosperous in order to aid the profligate redounds to growth.
Livent's new managers, led by Hollywood dealmaster Michael Ovitz, had known about Drabinsky's profligate spending and imaginative accounting practices.
It mostly worked in Latin America, where the state was the profligate borrower, but ravaged Asia's debt-ridden private sector.
Newt Gingrich is nothing if not profligate in his use of extreme language.
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Indeed, many of the most prevalent plug loads are profligate consumers of energy.
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America spends 53% more per head than the next most profligate country and almost two-and-a-half times the rich-country average.
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They are pleased by his judicial appointments but mystified by his profligate spending.
And reducing the borrowing costs of the profligate could increase them for the virtuous and reduce the incentive for reform.
Germany is now pointing out that many overestimated German-led back stops, and they were too profligate in spending and running deficits.
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Investors demand higher Italian rates than German ones because they are not yet convinced that Italy has shed its profligate past.
Otherwise, he reasoned, a country might qualify to join the euro only to revert, once inside, to its former profligate borrowing.
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The data trove includes flight logs from the Falcon jet used by Cope and Bias and evidence of their profligate spending habits.
The country will never abdicate its sovereignty to profligate nations and assume the average borrowing costs of southern Europe on their debt.
Rules are useful for governments that are thriftier than Venezuela's but more profligate than Norway's, but only if they stick to them.
Needless to say, most Senegalese see ellipticals, treadmills, Zumba and spinning as ineffective and profligate accoutrements of the (largely overweight) Western world.
When old civilizations, however opulent, profligate, greedy, or brutal, died, the forests just grew over them or the sands covered their traces.
Those fabled light-heavies of yesteryear - Ezzard Charles, Billy Conn and Bob Foster - hadn't been so profligate with their talent, they noted.
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